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GM board will again delay decision on Opel's future, report says

General Motors Co.'s board will again postpone a decision on Opel's future at a two-day meeting starting today despite pressure from Germany to accept an offer for the European unit from Magna International Inc, a newspaper reported today. GM's board will delay a decision until October at the earliest, the German business daily Handelsblatt said, citing company sources. The paper said the board favors keeping Opel or, as a second choice, selling a majority stake to Belgian investment group RHJ International, which is offering 300 million euros ($433 million) in cash for a 50.1 percent stake in Opel.

LTU students design SRG Global-branded vehicle

Lawrence Technological University's (LTU) Daniel Kangas has received a Coach Builder Design Award after winning a semester-long design competition. The contest – sponsored by chrome-plated plastic parts manufacturer SRG Global – challenged LTU students to design a SRG Global-branded vehicle that incorporated the company's products, as well as future technologies and trends. Kangas' design will be developed into SRG Global's virtual car to be used on the company's website and mobile apps to showcase its products and finishes.

Mercedes C63 AMG 'Edition 507' (2013) first official pictures

Mercedes has squeezed another 50bhp out of the C63 AMG, creating the 500bhp 'Edition 507' range. The power bump comes courtesy of forged pistons new connecting rods and a lightweight crankshaft inherited from the £160,000 SLS AMG supercar. Why is this special C63 AMG called the 'Edition 507'?